P&G changes palm oil policy following protests

The Procter &Gamble Co. has updated its policy on palm oil following high-profile protests by Greenpeace at its Cincinnati headquarters.

The world’s largest consumer products company said Tuesday that it has adopted a “no-deforestation” policy for its palm oil products. That includes working with those in its supply chain to ensure that by 2020 its products do not contribute to deforestation.

The moves came after weeks of pressure from Greenpeace, which unfurled huge banners from the company’s corporate offices last month. Police arrested the activists on burglary and vandalism charges.

Greenpeace says Tuesday’s announcement is a huge step toward protecting Indonesia’s rainforests and the communities that depend on them.